Remove Bonuses Remove Comprehensive Benefits Remove Health and Welfare
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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Image courtesy – Shutterstock ) Employees leave for many reasons, and while some include personal conditions like health and relocation of the family, there are many that pertain to the organization. Bonuses for top performers and performance reviews with the chance of a hike are also good motivators.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Boosting Productivity And Engagement: Well-designed benefits programs can improve employee morale and engagement, increasing productivity and lowering turnover rates. The health and well-being of our employees is a top priority because they are our company's greatest asset. Jamie Dimon, CEO of JPMorgan Chase. " - Sybil F.

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The Cost of High Turnover and 6 Ways to Prevent It

COMPackage

Offer Competitive Compensation and Benefits Competitive pay and benefits are essential for retaining top talent. Regularly benchmarking salaries against industry standards and offering comprehensive benefits packages can help you remain competitive. Employees want to feel that their efforts are noticed and appreciated.